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The Water Cooler
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biden-gang-now-pushing-billionaires-tax-reality-will-likely-soon-tax-americans-401ks-iras/
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<blockquote data-quote="dennishoddy" data-source="post: 3662603" data-attributes="member: 5412"><p>Anybody that gets a tax refund is using a loophole? Is the mortgage interest on your home or child care deduction a loophole that the liberals need to close? The ramifications of a bill like that may only apply to 700 this year, but what happens next year or the year after. No matter what, those 700 cannot make up 5 trillion.</p><p>How are they exploiting something that is legal?</p><p> If a farmer makes a profit one year with good rain, and lots of sunshine, and the next year loses the crop to a flood, they would be taxed under brain dead biden for the crop lost as an unrealized profit down the road. You still don't see that?</p><p>This discussion probably doesn't matter anyway because it won't pass Constitutional muster.</p><p>It's blatant discrimination.</p><p>Should we do away with corporations and the effects taxes have on inflation? You didn't discuss that aspect.</p><p>I'd like to hear more.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3662603, member: 5412"] Anybody that gets a tax refund is using a loophole? Is the mortgage interest on your home or child care deduction a loophole that the liberals need to close? The ramifications of a bill like that may only apply to 700 this year, but what happens next year or the year after. No matter what, those 700 cannot make up 5 trillion. How are they exploiting something that is legal? If a farmer makes a profit one year with good rain, and lots of sunshine, and the next year loses the crop to a flood, they would be taxed under brain dead biden for the crop lost as an unrealized profit down the road. You still don't see that? This discussion probably doesn't matter anyway because it won't pass Constitutional muster. It's blatant discrimination. Should we do away with corporations and the effects taxes have on inflation? You didn't discuss that aspect. I'd like to hear more. [/QUOTE]
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